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Citing COVID-19, Hexcel cancels merger with Woodward

Neither company will be required to pay the other a termination fee as a result of their mutual decision.

Stamford’s Hexcel merging with Colorado company

The combined company, to be named Woodward Hexcel, will have more than 16,000 employees, manufacturing operations in 14 countries on five continents, and a diversified customer base across multiple markets.